Blackstone and Patria Investimientos purchases shares in Gafisa's Alphaville Urbanismo. (Photo : Reuters)The image is the Blackstone Group logo. Patria Investimentos Ltda and its partner, the Blackstone Group have entered into an agreement to purchase 70% shareholdings in Alphaville Urbanismo residential-development business owned by Gafisa SA.

Prologis and Blackstone purchase warehouse space worth US$960 million. Prologis Inc and Blackstone Group LP have settled to acquire 17 million square feet of distribution centers and warehouses for an estimated US$960 million.

Pactera Technology received a letter of intent from Blackstone and Pactera management officers to bid for the firm.

Blackstone, believing in the high risk high reward appetite of the market, is creating a fund for the riskiest of trades.

Blackstone is preparing to make an offer for the 14% shareholdings of LIC in Stock Holdings Corporation of India.

SeaWorld, after its recent IPO, is seeking a US$1.4 billion loan in order to refinance its debt. The Blackstone Group controlled SeaWorld Entertainment Inc is now seeking a US$1.

SeaWorld CEO hints at overseas expansion in light of successful IPO. From the humble beginnings of being a parking attendant at Busch Gardens, James D.

Blackstone is in the process of selling Barker Block in Los Angeles. Blackstone Group LP is in the process of selling off its London West Hollywood hotel property to maximize the benefits provided by the surging Los Angeles lodging market.

Seaworld sold 10 million shares at US$27 per share totaling US$702 million. SeaWorld Entertainment Inc is backed by Blackstone Group LP, which has priced the shares for initial public offering of the theme park operator at US$27 per share.

Beleaguered company J. C. Penney Co Inc has engaged the services of Blackstone Group LP's financial advisory arm for their expertise on how to best position the firm financially, according to sources.